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Ron Paul Calls the Housing Collapse in 2003

Heres a good vid of Ron Paul calling the US housing collapse in 2003 while the Keynesians in charge said “there is no bubble,” “Nothing to worry about.” Now RP is prophetizing about the collapse of the dollar, while the Keynesians in charge pontificate economic “recovery” and “growth.” Who you going to believe this time?


Added: Aug-20-2011 Occurred On: Aug-20-2011
By: truth2012
In: World News, Regional News, Other News, Politics
Tags: Ron Paul, election, vote, president
Location: United States (load item map)
Marked as: approved
Views: 6285 | Comments: 21 | Votes: 5 | Favorites: 3 | Shared: 3 | Updates: 0 | Times used in channels: 2
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  • ----the people of the united states wouldn't elect linclon or f.d.r. right now---because they like dr. paul wouldn't pass the t.v. test---too interested in charisma and celebrity---the populace must grow up---

    Posted Aug-20-2011 By 
    ARNOLD-R-LANE (1020.28)  

    (7)

    • @ARNOLD-R-LANE politics is showbusiness for ugly people- gerald celente

      Posted Aug-20-2011 By 
      tripcee (32.40)  

      (4)

    • @ARNOLD-R-LANE You are so right. Short fat and bald before TV. Tall dark and handsom after TV.

      To be fair, George Bush called for these same collapes over 1 dozen documented times. On the other side, GW never saw a spending bill he didn't like.

      Posted Aug-20-2011 By 
      bigair (531.00)  

      (3)

  • Many people,including Bush, warned the housing collapse would happen if the Fannie and Freddie problems were not fixed,but the Dems prevented the regulations.

    Posted Aug-20-2011 By 
    5idewinder (36.02)  

    (2)

    • @5idewinder

      What? The republicans wanted more regulation? That would be a first wouldn't it? Oh, wait, they like regulations on things like weed, don't they?

      Posted Aug-20-2011 By 
      dirtbiker201 (1447.58)  

      (3)

    • Comment of user 'MrPadaso' has been deleted by author!

    • @MrPadaso

      It's actually true.Here is the link to a 2003 article about it.

      http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-oversee-freddie-mac-and-fannie-mae.html

      Posted Aug-20-2011 By 
      5idewinder (36.02)  

      (0)

  • Comment of user 'wambamss' has been deleted by author!

  • If people can't watch this and realize Ron is the real deal, I don't know what else you have to do to prove he is the best choice for our next President.

    Posted Aug-20-2011 By 
    dirtbiker201 (1447.58)  

    (2)

  • Gold this morning is $1853.00 USD per ounce

    Silver is $42.90 USD per ounce.

    Bonds are paying near zero, and when factored with the inflation its actually a net loss investment.

    Nobody wants the dollar when the government is printing it like mad. The more they print the less its worth, so everyone is headed for the exits and putting into what has been the life preserver of wealth for thousands of years, Gold & Silver.

    Many are getting priced out of precious metals so my guess is that More..

    Posted Aug-20-2011 By 
    cobalt187 (291.02)  

    (2)

  • but, but, but.... according to barney frank, there is no problem with fannie, nor is there a problem with freddie.

    Posted Aug-20-2011 By 
    Amusing (5213.38)

    (2)

    • @Amusing That's the direct result of privatizing and deregulating those institutions. When they were created and were working great for us they were never meant to run under a privatized deregulated hand.

      Paul should be clear, Keynesian AND Friedman models are flawed.

      Posted Aug-20-2011 By 
      Zardoz003 (1571.32)  

      (-1)

  • No one in the media will give this guy the time of day and it was like this last election too. No one reports him because they think he's a lunatic, yet he's the only sane one left!!

    Posted Aug-20-2011 By 
    carfo (55.14)  

    (0)

    • Comment of user 'spartan540' has been deleted by author!
  • Comment of user 'spartan540' has been deleted by author!

  • Anyone paying attention could have predicted it. I made the same prediction then as well, it was obvious, prices were ridiculously unsustainable and till this day they still need to drop.

    Posted Aug-20-2011 By 
    Zardoz003 (1571.32)  

    (0)

  • Both sides of the isle are steeped in Keynesianism. That's the reason any Republican other than Ron Paul will just be another Bush.

    As bad as people are yelling "uncle" about the economy, I think we as a nation are too ignorant of how to right the situation to elect Paul. Therefore, I think we will go through an inevitable monetary calamity and an extended recession/depression. I don't tent to rely on particular political messiahs for answers, but I see Ron Paul as the only one that h More..

    Posted Aug-20-2011 By 
    Yukon6400 (963.92)

    (0)

  • Thank you FOx and friends for sidelining this man every chance you got

    Posted Aug-20-2011 By 
    Catalytic (406.90)

    (-1)